![Silo Finance [OLD] SILO Logo](https://img.ogaudit.com/coins/silo-finance.png){kind=small}
Silo Finance (SILO) offers isolated lending markets for all token assets, enhancing security and efficiency. More
| Fully Diluted Valuation | $22.37M |
|---|---|
| 24H Trading Volume | $4,403 |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 174.80M |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Categories | Decentralized Finance (DeFi) 4 more |
|---|---|
| Founder | Anonymous |
| Website | silo.finance |
| Socials | 1 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Basescan 4 more |
| Contracts |
![Silo Finance [OLD]](https://img.ogaudit.com/chains/1.png){kind=small}
0x6f8....ab1f8
2 more
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| Name | Pair | OG Score |
|---|
Silo Finance (SILO): Revolutionizing Lending Markets
Silo Finance (SILO) is a decentralized lending protocol that aims to bring isolated lending markets to all token assets, similar to how Uniswap brought liquidity pools to thousands of tokens. Founded by an anonymous team in 2021, Silo Finance offers a secure, efficient, and inclusive platform for users to lend and borrow assets.
Unique Features
Isolated Lending Markets: Silo Finance isolates the impact of token exploitation or manipulation to the respective market, rather than the entire protocol, ensuring greater security.
Any Token as Collateral: Users can use any token as collateral, making the platform flexible and accessible.
Concentrated Liquidity: Each lending silo supports two assets only, concentrating liquidity in single pools for efficiency.
Non-Custodial: Silo Finance is a non-custodial lending protocol, meaning users don't share risks with other tokens in the protocol.
Permissionless Markets: Any token asset can have a borrow/lend market, and users and projects can propose markets for token holders to vote on.
Technology and Security
Silo Finance is built on secure blockchain technology, ensuring transparency and efficiency in its operations. The protocol allows any token asset on the chains it operates on, and silos share default collateral factors that can be adjusted on a silo level at any time.
Future Development
Silo Finance aims to continue supporting a wide range of token assets and to enhance its platform's security and efficiency. The team is committed to creating permissionless and risk-isolated lending markets for all crypto assets.
Silo Finance is set to revolutionize the decentralized finance space by providing secure, efficient, and inclusive lending markets for users worldwide.
Silo Finance offers isolated lending markets for all token assets, ensuring that the impact of token exploitation or manipulation is contained within the respective market, rather than the entire protocol.
Silo Finance was founded by an anonymous team in 2021, focusing on creating a secure, efficient, and inclusive decentralized lending platform.
CoinEx, Uniswap V3 (Arbitrum One), Curve (Ethereum), Camelot V3
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